Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MUSES9 from Sint-Pieters-Woluwe, company number BE0553636408, closed financial year 2025 with a result of € -418,634 after tax. For that financial year MUSES9 recorded a gross margin of € 30,310 and equity of € -5 million. Compared with financial year 2024, the result moved from € -532,522 to € -418,634. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ -5 million
▼ € 418,634 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -418,634
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,674
▲ € 2,668 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5 million.
Debts at end 2025
€ 10 million
Loans from banks and other lenders, long and short.
€ 3,340
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,310 | € 4,950 | € 45,264 | € 30,310 | ▼ 33% |
| Profit after taxes | € -367,910 | € -589,333 | € -532,522 | € -418,634 | ▲ € 113,888 |
| Equity | € -3,453,249 | € -4,042,582 | € -4,575,104 | € -4,993,738 | ▼ € 418,634 |
| Total debts | € 12,628,674 | € 13,223,352 | € 13,726,753 | € 13,857,052 | ▲ 1% |
| Cash | € 3,383 | € 1,426 | € 5 | € 2,674 | ▲ € 2,668 |
| Land & buildings | € 9,160,589 | € 9,168,390 | € 9,141,519 | € 8,850,962 | ▼ 3% |
| Retained profit | € -3,473,249 | € -4,062,582 | € -4,595,104 | € -5,013,738 | ▼ € 418,634 |
| Bank debt | € 12,569,014 | € 12,569,014 | € 10,040,264 | € 10,040,264 | |
| Balance sheet total | € 9,175,425 | € 9,180,771 | € 9,151,649 | € 8,863,313 | ▼ 3% |
Key figures of MUSES9, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MUSES9?
What happened at MUSES9 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 418,634. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 367,910 loss in 2022 to € 418,634 loss in 2025.
A new publication or filing at MUSES9? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
VANESSA ROSEN
Director
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 313
1150 Sint-Pieters-Woluwe
Louizalaan 489
1050 Brussel
Active since 5 June 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →ADMIFIN
€ 23,892 gross margin · 2025
Finance Optimisation Expertise and Partners
€ 663,730 gross margin · 2025
EXPAN 2000
€ -22,010 gross margin · 2025
CATHELEC
€ 1.3 million gross margin · 2025
TURF BELGIUM
€ 462,620 gross margin · 2024
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.636.408
- VAT number
- BE 0553.636.408
- Registered office
- Tervurenlaan 313, 1150 Sint-Pieters-Woluwe
- Names & denominations
- MUSES9
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2014
- Peppol
- Not registered